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Most businesses are now aware of the importance of information security. However, some organisations struggle to understand what an information security breach would mean from a business management point of view. This can lead to organisations investing in expensive solutions which may not necessarily address their requirements.

This pocket guide uses case studies to illustrate the possible breach scenarios that an organisation can face. It sets out a sensible, realistic assessment of the actual costs of a data or information breach and explains how managers can determine the business damage caused.

This balanced view helps managers and business decision makers to form better assessments of their organisation's information security needs. It also gives readers the knowledge to fend off any security vendors who might try to make sales by spreading panic and exaggerating the consequences of a breach.

Understand the real costs of security breaches and make sure your information security system is fit for purpose.

Authors

About the authors

Michael Krausz studied Physics, Computer Science and Law at the University of Technology, Vienna University and Webster University. In order to combine his two main hobbies, computers and investigations, he chose to become a professional investigator and IT expert. Over the course of his career he has investigated over a hundred cases of information security breaches, usually connected with white-collar crime. Michael Krausz is an ISO 27001 auditor and has delivered over 5000 hours of professional and academic training. He has provided consulting or investigation services in 12 countries to date.

John Walker has over 30 years’ experience in the world of IT, and Cyber Security, is a Visiting Professor at the School of Science and Technology at Nottingham Trent University (NTU), Visiting Professor/Lecturer at the University of Slavonia [to 2015], CTO of SBLTD, and holds the position as a Board Director of Cyber Research at the Ascot Barclay Group. John is an Expert Witness, ENISA CEI Listed Expert, Editorial Member of the Cyber Security Research Institute (CRSI), a Fellow of the British Computer Society (BCS), and is a Member of the Editorial Board at the Executive Risk Magazine [ERM].